Mutual Advisors LLC Takes $555,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Mutual Advisors LLC purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUAFree Report) during the fourth quarter, Holdings Channel reports. The firm purchased 11,603 shares of the company’s stock, valued at approximately $555,000.

Other institutional investors have also modified their holdings of the company. Raymond James & Associates boosted its stake in JPMorgan US Quality Factor ETF by 4.5% in the 1st quarter. Raymond James & Associates now owns 21,466 shares of the company’s stock worth $920,000 after purchasing an additional 924 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in JPMorgan US Quality Factor ETF by 22.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 29,540 shares of the company’s stock worth $1,267,000 after purchasing an additional 5,365 shares in the last quarter. Prudential Financial Inc. boosted its stake in JPMorgan US Quality Factor ETF by 16.2% in the 1st quarter. Prudential Financial Inc. now owns 11,096 shares of the company’s stock worth $476,000 after purchasing an additional 1,544 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in JPMorgan US Quality Factor ETF in the 1st quarter worth approximately $2,908,000. Finally, Fort Point Capital Partners LLC boosted its stake in JPMorgan US Quality Factor ETF by 7.1% in the 1st quarter. Fort Point Capital Partners LLC now owns 18,481 shares of the company’s stock worth $792,000 after purchasing an additional 1,224 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Up 0.8 %

JQUA stock opened at $52.75 on Thursday. The firm has a 50 day moving average of $51.06 and a 200 day moving average of $47.25. The stock has a market capitalization of $2.21 billion, a PE ratio of 16.88 and a beta of 0.92. JPMorgan US Quality Factor ETF has a 52 week low of $39.80 and a 52 week high of $53.03.

About JPMorgan US Quality Factor ETF

(Free Report)

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.

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Institutional Ownership by Quarter for JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

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